WGU D076 OA Exam (Latest 2026 Update) | Questions and
Correct Verified Answers/WGU D076 Finance Skills for
Managers OA Prep| Latest Version!!!Already Graded A+
UNIT 2
Which financial institution specializes in managing and administering
retirement funds?
1. Mutual funds
2. Investment banks
3. Private equity
4. Pension funds
4. Pension funds
Correct! Pension funds specialize in retirement funds.
UNIT 2
Which type of economic indicator is the consumer price index?
1. Lagging indicator
2. Coincident indicator
3. Forecasting indicator
4. Leading indicator
1. Lagging indicator
Correct! CPI usually changes after the economy as a whole changes.
UNIT 2
What does the term ethical refer to?
1. An idea or thing used as a measure, norm, or model in comparative
evaluations
pg. 1
,2. The accepted standards of conduct that guide a person's behavior
3. Following the laws and rules set by an authority
4. One's beliefs about right and wrong, good and bad, or just and
unjust
2. The accepted standards of conduct that guide a person's behavior
Correct! Ethical refers to the accepted standards of conduct that guide
a person's behavior.
UNIT 2
A company's officers and board of directors are selling their stocks in
the firm at higher prices due to false accounting reports that made the
stock seem more valuable than it truly was. Which ethical issue is
occurring in this situation?
1. Conflict between work and personal affairs
2. Agency problem due to conflicting interests
3. Pursuing individual interest over client interests
4. Maximizing shareholder value
2. Agency problem due to conflicting interests
Correct! Accounting manipulation by management in pursuit of
higher stock-related compensation is an example of an agency
problem.
UNIT 2
What are the main services offered by financial institutions?
1. Deciding which assets to invest in to create wealth in the future
2. Soliciting charitable donations and then managing the distribution
of these funds
pg. 2
,3. Evaluating sources of funding for a business project, the capital
structure of a firm, or actions managers could take to increase the
value of the firm
4. Accepting a wide variety of deposits, offering investment products,
providing loans, and brokering financial transactions
4. Accepting a wide variety of deposits, offering investment products,
providing loans, and brokering financial transactions
Correct! Financial institutions such as banks, insurance companies,
and mutual fund companies provide these services.
UNIT 2
What is the main objective of personal financial goals?
1. To maximize stock investments
2. To maximize owner wealth
3. To maximize charity donations
4. To maximize individual utility
4. To maximize individual utility
Correct! You set goals and act to increase your satisfaction or
happiness by taking care of necessities and achieving priorities.
UNIT 2
Which task does the financial manager of a firm perform that involves
the issuance of new stocks and bonds?
1. Deciding on accounting standards
2. Making financing decisions
3. Managing working capital
4. Making investing decisions
pg. 3
, 2. Making financing decisions
Correct! Once investment decisions are made, a financial manager
considers different possibilities of financing sources for the
investments. This may include issuing new stocks and bonds.
UNIT 2
Why is understanding the definition of finance important in managing
personal finances?
1. It helps individuals act ethically with regard to finances.
2. It helps individuals understand legal issues related to finance.
3. It helps individuals compare the costs and benefits of an action to
determine whether to take that action.
4. It allows individuals to find an investment with the highest return
possible.
3. It helps individuals compare the costs and benefits of an action to
determine whether to take that action.
Correct! Any financial decision should make sense in terms of its
costs and benefits.
UNIT 2
In which type of market would a company issue bonds or stocks for
the first time?
1. Dealer market
2. Money market
3. Secondary market
4. Primary market
pg. 4
Correct Verified Answers/WGU D076 Finance Skills for
Managers OA Prep| Latest Version!!!Already Graded A+
UNIT 2
Which financial institution specializes in managing and administering
retirement funds?
1. Mutual funds
2. Investment banks
3. Private equity
4. Pension funds
4. Pension funds
Correct! Pension funds specialize in retirement funds.
UNIT 2
Which type of economic indicator is the consumer price index?
1. Lagging indicator
2. Coincident indicator
3. Forecasting indicator
4. Leading indicator
1. Lagging indicator
Correct! CPI usually changes after the economy as a whole changes.
UNIT 2
What does the term ethical refer to?
1. An idea or thing used as a measure, norm, or model in comparative
evaluations
pg. 1
,2. The accepted standards of conduct that guide a person's behavior
3. Following the laws and rules set by an authority
4. One's beliefs about right and wrong, good and bad, or just and
unjust
2. The accepted standards of conduct that guide a person's behavior
Correct! Ethical refers to the accepted standards of conduct that guide
a person's behavior.
UNIT 2
A company's officers and board of directors are selling their stocks in
the firm at higher prices due to false accounting reports that made the
stock seem more valuable than it truly was. Which ethical issue is
occurring in this situation?
1. Conflict between work and personal affairs
2. Agency problem due to conflicting interests
3. Pursuing individual interest over client interests
4. Maximizing shareholder value
2. Agency problem due to conflicting interests
Correct! Accounting manipulation by management in pursuit of
higher stock-related compensation is an example of an agency
problem.
UNIT 2
What are the main services offered by financial institutions?
1. Deciding which assets to invest in to create wealth in the future
2. Soliciting charitable donations and then managing the distribution
of these funds
pg. 2
,3. Evaluating sources of funding for a business project, the capital
structure of a firm, or actions managers could take to increase the
value of the firm
4. Accepting a wide variety of deposits, offering investment products,
providing loans, and brokering financial transactions
4. Accepting a wide variety of deposits, offering investment products,
providing loans, and brokering financial transactions
Correct! Financial institutions such as banks, insurance companies,
and mutual fund companies provide these services.
UNIT 2
What is the main objective of personal financial goals?
1. To maximize stock investments
2. To maximize owner wealth
3. To maximize charity donations
4. To maximize individual utility
4. To maximize individual utility
Correct! You set goals and act to increase your satisfaction or
happiness by taking care of necessities and achieving priorities.
UNIT 2
Which task does the financial manager of a firm perform that involves
the issuance of new stocks and bonds?
1. Deciding on accounting standards
2. Making financing decisions
3. Managing working capital
4. Making investing decisions
pg. 3
, 2. Making financing decisions
Correct! Once investment decisions are made, a financial manager
considers different possibilities of financing sources for the
investments. This may include issuing new stocks and bonds.
UNIT 2
Why is understanding the definition of finance important in managing
personal finances?
1. It helps individuals act ethically with regard to finances.
2. It helps individuals understand legal issues related to finance.
3. It helps individuals compare the costs and benefits of an action to
determine whether to take that action.
4. It allows individuals to find an investment with the highest return
possible.
3. It helps individuals compare the costs and benefits of an action to
determine whether to take that action.
Correct! Any financial decision should make sense in terms of its
costs and benefits.
UNIT 2
In which type of market would a company issue bonds or stocks for
the first time?
1. Dealer market
2. Money market
3. Secondary market
4. Primary market
pg. 4
